SINGLE PRICE Wal-Mart can sell many products at the same price worldwide, giving it a stronger competitive edge in territories such as Germany and South America, where fmcg prices are generally higher than in the US.
SOURCE TAGGING a long bone of contention between retailers and suppliers as to who should pay for tagging during manufacture, Wal-Mart has agreed standard practices worldwide and is seeing reductions in shrinkage of 50% on some products.
CURRENCY HEDGING only 30% of Ahold's sales are on home territory. With new goals for global sourcing, the company can counteract the impact of currency fluctuations.
SUPPLY CHAIN CONTROL Ahold has reduced the number of suppliers it works with worldwide and has tighter control of the supply chain.
ONE WORLD PROMOTIONS Ahold has been exemplary in sourcing and conducting promotions across borders.
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